Do you think there is a bubble in this space? And how do you hedge for that case? I look at this on a much longer timescale versus a very tactical timescale. On the longer timescale, we need more data centers and we need more power. Progress was limited because the entire supply chain was not ready. We needed more chips, more power, and more data centers. As a result, there's now more building happening in that area.
From my perspective, compute is still important. The scaling laws suggest that more compute will get you better answers and will help the technology become more widely adopted across the world. I'm more bullish on that than not.
Benji Wilberton, first year undergrad, here. Jensen was here two weeks ago. I asked a question about the kind of monopoly they have on all the hardware used for pre-training. Does AMD plan to try and challenge Nvidia on this? And if so, what's the timeline?
Let me say, I do not believe that there will ever be a case where there—
